Quantum Computing Inc. (QCI) has completed its acquisition of Nucrypt, LLC in a transaction valued at $5 million, paid in a combination of cash and shares of QCI common stock. The acquisition is expected to bolster QCI's position in the quantum communications vertical within its broader quantum technology strategy.
Nucrypt, as an early developer of commercial quantum communications technology, has a patent portfolio that spans quantum optics, RF-photonics, and photonic signal processing, which further enhances QCI's intellectual property position and expands its technology depth in secure communications and advanced computing applications.
The integration of QCI's thin-film lithium niobate (TFLN) technology is expected to advance Nucrypt's product portfolio by reducing device footprint, improving robustness, enhancing performance, and improving the path toward scalable, high-volume manufacturing.
As part of the agreement, Nucrypt will initially operate as a wholly owned subsidiary of QCI, and the combined companies will showcase their integrated technologies at the upcoming OFC conference and exhibition from March 17-19, 2026, in Los Angeles, CA, where Nucrypt will join QCI in its booth (#5105) to highlight advancements in quantum photonics and secure communications.
This acquisition follows QCI's recent acquisition of Luminar Semiconductor, Inc. in February 2026, which added to its technology roadmap, expanded technical depth, manufacturing capabilities, and its product portfolio to photonics and optics components, subsystems, and systems.
The press release did not include specific financial metrics or performance indicators for QCI or Nucrypt, but it is clear that these acquisitions are part of QCI's broader strategy to strengthen its position in the quantum technology space. Today the company's shares have moved 4.27% to a price of $12.70. For the full picture, make sure to review Quantum Computing's 8-K report.
